American International Group Inc. Buys New Shares in Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB)

American International Group Inc. bought a new stake in shares of Burke & Herbert Financial Services Corp. (OTCMKTS:BHRB) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 3,097 shares of the company’s stock, valued at approximately $199,000.

Other institutional investors also recently modified their holdings of the company. Barclays PLC acquired a new position in shares of Burke & Herbert Financial Services during the 2nd quarter valued at $82,000. DAVENPORT & Co LLC acquired a new position in Burke & Herbert Financial Services during the second quarter worth $208,000. Virtu Financial LLC acquired a new position in Burke & Herbert Financial Services during the second quarter worth $246,000. Cypress Capital Group acquired a new position in Burke & Herbert Financial Services during the second quarter worth $354,000. Finally, Montgomery Investment Management Inc. acquired a new position in Burke & Herbert Financial Services during the second quarter worth $377,000. Institutional investors and hedge funds own 4.93% of the company’s stock.

Burke & Herbert Financial Services Stock Performance

BHRB opened at 47.33 on Tuesday. The company’s fifty day moving average price is 46.52 and its two-hundred day moving average price is 57.92. Burke & Herbert Financial Services Corp. has a 1-year low of 42.91 and a 1-year high of 85.00.

Burke & Herbert Financial Services Company Profile

Burke & Herbert Financial Services Corp. operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in the Northern Virginia. It offers consumer and commercial deposit products, such as digital banking, demand, negotiable order of withdrawal, money market, and savings accounts, as well as certificates of deposit.